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Pastimes : Ask Mohan about the Market

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To: Mike M2 who wrote (9481)11/26/1997 5:50:00 PM
From: Joan Osland Graffius  Read Replies (1) of 18056
 
William, >>Some bulls are anticipating the next easing that would be like gas on a fire.

Don't we have a situtation that if earnings or at least earning growth start slowing that an easing policy would be appropriate. With this case stocks and bonds will decouple. It looks like AG's current strategy of increasing the money supply he can start the process with less risk than lowering the Fed rate.

Joan
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